Retail premises for sale in Egerton Street, Wrexham LL11

Fixed price £525,000 (£32,734.29/sq. ft)
Retail premises for sale From 1 - 69 sq. m*
Interested in this property? Call +44 1942 566622 * or Request Details

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Property description

****investement as part ofa portfolio***
Traditionally constructed Three storey building built to provide retail to the ground floor and offices to the upper floors. Ground floor provides 173.55 m2 (1868sq.ft)
A new 3-year lease of the ground floor is proposed at a rent of £30,000 per annum. The upper floors are vacant with an erv of £12,000.

The property is situated in a prime town centre location close to major retailers and Wrexham library.

Our Client is seeking a consideration of £525,000 for the Freehold interest equating to a niy of 5.46% after usual costs of purchase (a net yield of 7.46% based on erv).
Alternatively, our client would consider selling the business overall and fixtures and fittings with the freehold for a consideration of £625,000.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
PR Gibbs & Co, BL5 on +44 1942 566622 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by PR Gibbs & Co, and do not constitute property particulars. Please contact PR Gibbs & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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